Sensex Rises 919 Points to Close at 77,550
On the final trading day of the week—today, Friday, April 10—the Sensex closed at 77,550, surging 919 points (1.20%). The Nifty also witnessed a rise of 275 points (1.16%), reaching the 24,050 mark. Buying activity was observed in banking and auto stocks during today’s trading session.
Reasons for the Market Rally
Investors are upbeat regarding the peace talks scheduled to take place between the US and Iran within the next one or two days. Hopes for an easing of tensions have also been bolstered by Israel’s agreement to engage in talks with Lebanon. Market sentiment typically turns positive whenever the likelihood of war diminishes.
Yesterday, the Sensex Closed 931 Points Lower at 76,632
The stock market witnessed a decline yesterday, April 9. The Sensex closed 931 points (1.20%) lower at the 76,632 level. The Nifty also fell by 222 points (0.93%) to settle at 23,775. Selling pressure was evident in auto and banking stocks, while metal and pharma stocks recorded gains.
